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While in hong kong the hang seng rose. surprisingly strong housing data and hopeful signs from europe sent stocks soaring tuesday. new home construction jumped over 9%, best in a year and a half. building permits also rose. home builders group mdc holding and dr horton all rose. the euro gained against the dollar after spain's borrowing costs plunged at a short-term debt auction. consumer confidence unexpectedly rose in germany. europe's major markets were sharply higher. financials climbed, led by jpmorgan chase and wells fargo after the fed released new bank oversight proposals that were n...

Comfortable with its relations with its neighbors, felt it had gotten past this era of wars, just the uncertainty will be very discomforting for them. for arab leaders, particularly our arab allies who are also not democratic leaders, this will again produce lots of anxiety. they'll worry about their own populations. they'll worry about u.s. policy and whether they can really count on the united states to support them, as they thought they could. so i think we'll see big ripples coming from this. i think the berlin wall is an appropriate analogy here in terms of how great an impact you could e...

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